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Arpit Gupta said a 100% SPY portfolio returned 21% in the year to June 30, versus roughly 15% for a 75/25 stock-bond mix. He also questioned whether New York Ci

BWB News TV • 2026-08-12 19:11 UTC • By Billy Odell Tucker-Robinson
Arpit Gupta said a 100% SPY portfolio returned 21% in the year to June 30, versus roughly 15% for a 75/25 stock-bond mix. He also questioned whether New York Ci
Arpit Gupta said a 100% SPY portfolio returned 21% in the year to June 30, versus roughly 15% for a 75/25 stock-bond mix. He also questioned whether New York City pensions’ large private equity allocations are adding enough value.
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